Quote from smilingsynic:
Congestion = lunch = a few minutes available to post.
Overnight, the low was right at S1, where it bounced. If the market challenges S1 and does not break through, the pivot is in play, and perhaps even R1.
I am not looking for 80 points at this point, as I still do not see the signs of capitulation. Today looks like an inside day in the making, at least in terms of 9:30-4:15 trading. Stop is at breakeven + 1 (1339.25), and I have a limit sell order at 69 (70 is not bad a target, but not as good as 69!--RIP, George Carlin).![]()
and of course we all know why you prefer 69

